IoTeX Information

IoTeX is a blockchain platform designed to empower the decentralized Internet of Things (IoT). It focuses on creating a network where machines of all types can communicate and transact with minimal human intervention, enhancing efficiency and security. With its emphasis on privacy and scalability, IoTeX aims to integrate seamlessly with existing IoT infrastructures to provide innovative solutions for various industries.

IoTeX

$0.03

Title : IoTeX
Symbol : iotx
Current Price $ : 0.02892552 $
High 24h : 0.03247391 $
Low 24h : 0.02885179 $
Price Change 24h : -0.0029160827249718 $
Price Change % 24h : -9.15809 %
Market Cap : 273005364
Whitepaper : https://github.com/iotexproject/files/blob/main/publications/IoTeX_2_0_Whitepaper_1.1_EN.pdf
Website : https://iotex.io
Total Volume : 13200681
Market Cap Change 24h : -27183800.173468
Market Cap Change % 24h : -9.05556 %
Circulating Supply : 9441369057
Total Supply : 9441369062
Max Supply : 10000000000
Last Updated : 2025-02-01 23:51
All Time High (ATH) : 0.255593
ATH Change % : -88.67297 %
ATH Date : 2021-11-13 16:54
All Time Low (ATL) : 0.00121576
ATL Change % : 2281.31579 %
ATL Date : 2020-03-13 02:29

more information

Exploring IoTeX: A Cryptocurrency with a Vision for IoT Integration

In the ever-evolving landscape of cryptocurrencies, IoTeX (IOTX) stands out with a unique proposition: bridging the gap between blockchain technology and the Internet of Things (IoT). Since its inception, IoTeX has strived to create a decentralized network for IoT devices, ensuring data privacy, security, and interoperability. In this article, we will delve into the features, historic performance, advantages, and challenges of IoTeX, as well as explore its potential future in the crypto ecosystem.

Understanding IoTeX's Vision and Technology

IoTeX aims to revolutionize the way IoT devices interact and share data. By utilizing blockchain technology, IoTeX provides a scalable and secure environment for autonomous device-to-device communication. The platform employs a roll-DPoS consensus mechanism, which enhances speed and efficiency, making it suitable for the high throughput demands of IoT applications. Furthermore, IoTeX's focus on privacy through advanced cryptographic techniques ensures that user data remains protected.

Performance Analysis: Past Trends and Milestones

Since its launch, IoTeX has experienced significant volatility, a common theme in the crypto market. The coin's all-time high of $0.255593 was recorded on November 13, 2021, marking the peak of a bullish trend during that period. However, like many cryptocurrencies, it faced a sharp decline, with its price now at $0.04151941, showcasing a substantial drop of approximately 83.7% from its ATH.

Despite this decline, IoTeX has demonstrated resilience and growth from its all-time low of $0.00121576, witnessed on March 13, 2020. The massive growth of over 3326% from its ATL highlights its potential to recover and thrive in future market cycles.

Pros of IoTeX: Why It's Worth Considering

One of the main advantages of IoTeX is its focus on solving real-world problems faced by IoT systems, including security, interoperability, and scalability. Moreover, its unique consensus model, roll-DPoS, ensures high efficiency, which is essential for IoT ecosystems that require fast and secure transactions.

The project has also developed a strong infrastructure with several developer-friendly tools and platforms, encouraging more innovations and applications using IoTeX technology. This growing ecosystem could bolster IOTX's long-term value and adoption.

Challenges Faced by IoTeX and Potential Concerns

While IoTeX shows promise, it faces several challenges. The cryptocurrency market is highly competitive, with numerous projects vying to integrate blockchain with IoT. Establishing a dominant position in this niche is crucial for IoTeX's growth, yet challenging amidst the rapid pace of technological advancements.

Additionally, regulatory uncertainties surrounding cryptocurrencies and IoT devices add another layer of complexity. Navigating these hurdles will require strategic advancements and perhaps partnerships with industry leaders.

The Future Outlook: What Lies Ahead for IoTeX?

Looking forward, IoTeX's future seems intertwined with the growth of the IoT industry. As IoT continues to expand, the need for a secure and decentralized platform to manage vast data networks could see IoTeX in a favorable position. Its continued focus on innovation and strategic partnerships will be key in capturing market share and achieving sustainable growth.

In conclusion, while IoTeX faces similar volatility and challenges as other cryptocurrencies, its unique position in the IoT sector and robust technological foundation present a compelling case for its potential future success. Investors and tech enthusiasts should keep a close eye on IoTeX as it strives to realize its vision of a connected, decentralized IoT ecosystem.

General Information
from price $0
Title IoTeX
Symbol iotx
Whitepaper https://github.com/iotexproject/files/blob/main/publications/IoTeX_2_0_Whitepaper_1.1_EN.pdf
Website https://iotex.io
Community -
Last Updated 2025-02-01 23:51

Price Data
Current Price $ 0.02892552 $
High 24h 0.03247391 $
Low 24h 0.02885179 $
Price Change 24h -0.0029160827249718 $
Price Change % 24h -9.15809 %

Market Data
Market Cap 273005364
Total Volume 13200681
Market Cap Change 24h -27183800.173468
Market Cap Change % 24h -9.05556 %
Return on Investment (ROI) -

Supply and Availability
Circulating Supply 9441369057
Total Supply 9441369062
Max Supply 10000000000

Historical Data
All Time High (ATH) 0.255593
ATH Change % -88.67297 %
ATH Date 2021-11-13 16:54
All Time Low (ATL) 0.00121576
ATL Change % 2281.31579 %
ATL Date 2020-03-13 02:29